NP, WD 11/1/1864

From the Western Democrat (Charlotte, N.C.)
 
November 1, 1864
 
The Columbia & Hamburg Railroad
President's Report
  
To the Stockholders of the Columbia & Hamburg Railroad Company:
 
   In the month of August, 1863, this Company was organized for the purpose of making a direct connection by rail between the roads terminating at the cities of Columbia and Augusta. Subsequently the Board of Directors was organized, and elected Jas. G. Gibbes, Chief Engineer, and Henry Moore Sec'y and Treasurer. The Chief Engineer was directed to organize a corps of engineers as early as practicable, and make the necessary surveys and location, and report to the Board as soon as possible; while your Treasurer was directed to receive in advance all installments on stock subscriptions which might be tendered by the subscribers; and the President was authorized to invest the funds of the company in such property and securities as would best ensure the success of the enterprise. Fleming Gardner was engaged as Chief Locating Engineer, who, with his assistants, soon entered upon the duties of making the necessary surveys. Two routes were presented. One known as the direct, and the other as the Ridge route. After much labor and many reconnaissance's and observations with the copass and level, it was ascertained that the Ridge route, passing six miles from Edgefield Court House, although the longer, possessed many countervailing advantages. Much difficulty was experienced in getting a proper location from west of the Pine House to the city of Augusta, on account of the great elevation of the former over the latter place. The ridge maintains its elevation in a great degree until within a few miles of Augusta, thence the descent is very rapid. On a direct line no grade even of 60 feet to the mile over this portion could be obtained, although it was the policy of the company that the maximum grade should not exceed fifty feet. In order to overcome the very serious objections to the operations of the Road hereafter arising from steep grades, the "Horse Creek" route, passing through Graniteville, was finally recommended as possessing the greatest advantages. The Chief Engineer, therefore, recommended the line crossing the Congaree river about one mile above Granby, passing near Lexington C. H., near Leesville, about one-half mile south-east of the Pine House, through Graniteville and Hamburg, to the Georgia Railroad Depot in the city of Augusta. After a full discussion of the different lines surveyed, and the policy which should govern the company, the Board of Directors unanimously adopted the route as recommended and indicated above -- subject to such local changes as the interest of the company may require. For more definite information on this subject, attention is invited to the report of the Chief Engineer.
   Early after the organization of the Board of Directors, the attention of the Government was called to the proposed work by the President, and the Company assured of such reasonable aid by the War Department as could be given to its progress without detriment to the military arm of the service. The company acknowledges the obligation for "not exceeding forty details," exemption from impressment of necessary supplies, and some facilities for transportation of subsistence. This application for detailed contractors was made in January last, when much of the graduation as ready to let, but the unsettled legislation of Congress on this subject, and the paramount necessity for soldiers to defend the country, caused the Hon. Sec'y of War to suspend granting the request until about the 1st of June. By this period all the surplus labor of the country had been engaged for the year, either in the cultivation of farms or otherwise, and it was impossible to hire hands or get contractors. But for this unavoidable delay, 800 hands might now be at work instead of 200. As the cultivation of the crops, however, ceased in August, and the advance of the enemy drove back labor and capital into the interior, two forces were started by the company hiring the hands and placing the one on each end of the line. This induced other contractors to commence, who are now freely taking the graduation at fair prices to the company and remunerating to themselves. The construction of the Bridge across Congaree river will be commenced as early as possible, and the entire work pressed with as much vigor as the limited resources of the country will permit.
   A very large proportion of the subscription to the capital stock of the company was paid in last Fall and Winter to the Treasurer to the Treasurer, and that which was thought to be of doubtful policy then -- receiving all installments in advance -- has proved to be a wise one for the company in the development of subsequent events. A very large sum has been saved from the depreciation of the currency to the stockholders, by the prompt investments of all the surplus funds in cotton, slaves and Confederate bonds. So well satisfied were your President and Treasurer of this line of policy that the receipts of the Treasury were often anticipated to the extent of fifty or one hundred thousand dollars. It is believed that the funds have been judiciously invested, and that comparatively little loss has occurred to the company from fire or otherwise considering the quantity of cotton it has held.
   In order to obtain some of the materials and tools necessary for the graduation of the road, arrangements were made for the exportation and sale of several hundred bales of cotton. These operations of exporting and importing have been attended with reasonable success, and a fair supply of tools and some other materials secured which could not be had otherwise. Much credit is due to your Treasurer for his efficient co-operation in this matter, as well as the collection and investment of the funds; and to his Financial Report your attention is asked for more detailed information.
   In these disjointed times it would be hazardous to make any calculation as to the progress of the road. If 800 hands can (by the last of October) be placed on the work and the iron procured, track-laying could be commenced on the western end of the line in June next, and on the eastern end in July, if fair progress is made at the Congaree River Bridge. With two forces, laying from 6 to 8 miles per month each, the rails might soon be made ready for the locomotive over the entire line to intersect the South Carolina Railroad at or near Graniteville, a distance of 69 miles, should the Government deem it of such military importance to furnish the iron and make the connection. In the vicissitudes of war, should it continue a year or two longer, it may become absolutely necessary for the transportation of troops and munitions. Its construction will make a saving in actual distance between Richmond and Augusta of 61 miles, besides avoiding the necessary delays at Kingsville and Branchville -- thus making practically  saving in time and distance equal to 100 miles. If, in the casualties of war, the South Carolina Road should be occupied or cut by the enemy at Branchville, or at any point between Kingsville and Aiken, without this Road our Government would have to resort ot wagon transportation from Columbia to Augusta. With it completed, however, the saving in time and distance in the transportation of all troops and materials of war would be immense to the Government, even if the other contingency did not occur. The completion of the Piedmont Railroad has saved Richmond from the rapacity of a vandal foe, and all the arguments and motives of policy which applied to that as a military necessity when it commenced, apply with equal force to the Columbia & Hamburg Railroad. With this line completed, and cars running through from Charlotte to Augusta, large reinforcements might in a few days be transferred from Atlanta to Richmond, or vice versa, while it would require the enemy more than double the time to send to or from the same places, through Ohio and Pennsylvania, the same number of troops to the opposing armies, and thus enable our Government to defend our country and gain our independence with a reduced force. It is rapidity of motion that gives the power of concentration. Railroads are the media of quick transit, and were the means used to combine our armies and win supremacy and victory on the plains of Manassas, and the well-contested fields of Richmond and Shiloh. They annihilate space, build cities, people and develop countries, equalize the expenses of living, distribute the productions of art and science among mankind, give cultivation and refinement to society and strength and power to Governments. All direct routes of steam, whether by land or water, in times of peace or war, are to mankind like great labor-saving machines, and are the elements of public and private wealth, strength and prosperity. These considerations of public policy have not been without their influences in inducing your officers to urge forward this work, so necessary in a state of peace as well as war, and under circumstances very unfavorable for the progress of such works. If private capital, while seeking an investment, can thus voluntarily be made subservient to our country's welfare and independence, it will hereafter be gratifying to every patriotic stockholder to know that his means contributed to so desirable a result.
   The War Department has been advised that the work would be tendered to the Government during the war so soon as the graduation was ready for the iron. Should it be unable or unwilling to complete it, the Stockholders will still have a good property, and can finish it so soon as peace returns or the iron can be procured. With the Piedmont Road finished, this constitutes the last important link to be made in the great Metropolitan line of railway, beginning at the Potomac, passing through Richmond, Charlotte, Columbia, Augusta, Meridian and Jackson, to Vicksburg, and there connecting with the Southern Pacific Road, destined to reach far into the interior of the State of Texas. A great central line of railway, thus extending its Briaerian arms to the very confines of the Confederacy, running through almost the centre of territory, wealth and population of seven States, and passing through the capitals of five of them, will always possess advantages of transportation over very other route.
   After three years of flagrant way, conducted on a scale and magnitude unexampled for the strength and resources of the contending powers, this line remains almost intact by our enemies, except where the Potomac and Mississippi rivers open the gates to reach it. Its location gives it great advantages of security, of pleasant, healthful climate and water, and exemption from the extremes of heat and cold, to which other routes may be exposed. Any portion of it, therefore, properly constructed and managed, promises a profitable investment to capital.
   A Charter has been granted by the State of Georgia to cross the Savannah River, and pass through the city of Augusta, to the Georgia Railroad Depot. A new Charter has also been granted by the State of South Carolina. The provisions of the two are substantially the same, and both propose to change the style of the Corporation to the Columbia & Augusta Railroad Company. It is respectfully recommended that these Charter be referred to a Committee to examine and report upon to the Board of Directors, who will be authorized to accept or reject the same.
Respectfully submitted,
Wm. Johnston, President

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